The stock is currently consolidating near a critical support zone around ₹323-₹317, which has acted as a strong demand area. A strict stop-loss below ₹311 is recommended for risk management.
A breakout above the descending trendline resistance could trigger a bullish rally, targeting levels of ₹400, ₹500, and eventually ₹600+ in the coming weeks. The price structure suggests a higher low formation, indicating potential trend reversal.
📌 Key Levels to Watch:
Support: ₹323-₹317
Resistance: ₹360-₹380 (trendline breakout zone)
Target: ₹400 / ₹500 / ₹600+
Stop-Loss: Below ₹311
⚠️ Disclaimer: This is for educational purposes only. Do your own research before making any trading decisions.
A breakout above the descending trendline resistance could trigger a bullish rally, targeting levels of ₹400, ₹500, and eventually ₹600+ in the coming weeks. The price structure suggests a higher low formation, indicating potential trend reversal.
📌 Key Levels to Watch:
Support: ₹323-₹317
Resistance: ₹360-₹380 (trendline breakout zone)
Target: ₹400 / ₹500 / ₹600+
Stop-Loss: Below ₹311
⚠️ Disclaimer: This is for educational purposes only. Do your own research before making any trading decisions.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.